How To Start A Successful Food Business In India: Menu & Alcohol | Riyaaz Amlani | FO424 Raj Shamani
Riyaaz Amlani, described in the episode as the man behind SOCIAL and the owner of more than 80 restaurants in India, joins Raj Shamani to explain how to start and run a food business. He says the episode will cover how to start a restaurant, how much investment it takes and how a long-lasting restaurant brand is built. Amlani shares how the first cafe came from the lack of places to hang out, his rule of thumb that a restaurant should return the invested money within 30 months, the typical cost split of a rupee of sales, why hookah went viral, the three most common mistakes new owners make, and why he expects India's eating-out market to keep growing. He says he runs about an 800 crore rupee restaurant business after 22 years. The episode is mostly in Hindi with English terms. PARTIAL COVERAGE: this summary is built from a sampled reading of the Hindi captions. All figures and views are the guest's own and not independently verified. Sponsor: none stated in the episode description. Nothing here is financial or legal advice, and any mention of alcohol or hookah is reported as discussion only.
Executive Summary (TL;DR)
Riyaaz Amlani, described in the episode as the man behind SOCIAL and the owner of more than 80 restaurants in India, joins Raj Shamani to explain how to start and run a food business. He says the episode will cover how to start a restaurant, how much investment it takes and how a long-lasting restaurant brand is built. Amlani shares how the first cafe came from the lack of places to hang out, his rule of thumb that a restaurant should return the invested money within 30 months, the typical cost split of a rupee of sales, why hookah went viral, the three most common mistakes new owners make, and why he expects India's eating-out market to keep growing. He says he runs about an 800 crore rupee restaurant business after 22 years. The episode is mostly in Hindi with English terms. PARTIAL COVERAGE: this summary is built from a sampled reading of the Hindi captions. All figures and views are the guest's own and not independently verified. Sponsor: none stated in the episode description. Nothing here is financial or legal advice, and any mention of alcohol or hookah is reported as discussion only.